I generally view with skepticism the memorandums of understanding signed between countries. Often, they possess a seriousness just slightly beyond mere intent declarations: they do not bind the parties, are laden with political messages, and frequently signify little more than “we had a written outcome from our discussions.” Especially during presidential-level visits, if you look
Turkish Energy Minister Alparslan Bayraktar told the Financial Times on April 28 that negotiations were continuing with the US energy giant Exxon Mobil for 2.5 million tons of liquefied natural gas (LNG) worth 1.1 billion dollars. The Minister was talking about Türkiye’s need to diversify its resources to avoid being dependent on “a single supplier”;
Turkish President Tayyip Erdoğan asked Russian President Vladimir Putin for a unilateral ceasefire in Ukraine to support peace and negotiation efforts, in a written statement by the Turkish Presidential Office on January 5. The statement was issued following a telephone conversation between Erdoğan and Putin. Türkiye has been in contact both with Putin and Ukrainian
Turkish President Recep Tayyip Erdoğan announced on December 26 that one of Türkiye’s 3 drilling ships working in Black Sea has discovered new natural gas reserve of 58 billion cubic meters worth 1 trillion dollars. “Thus, our gas reserve in the Black Sea has increased by 170 billion cubic meters and reached 710 billion cubic